Foley Hoag LLP

Foley Hoag LLP is a law firm headquartered in Boston, with additional offices in New York City, Paris, and Washington, D.C.. The firm represents public and private clients in a wide range of disputes and transactions worldwide. It offers regional, national and international legal services.

Anthony D. Mirenda and Shrutih V. Tewarie recently authored a White Collar Crime and Government Investigations Alert about a foreign executive convicted under the Foreign Corrupt Practices Act based on evidence that he acted as an agent of a U.S. subsidiary in carrying out a bribery scheme.  The case, which has already been appealed to and remanded from the Second Circuit, raises important questions about the extraterritorial application of the FCPA. Click here to read…
In United States ex rel. Kraus v. Wells Fargo & Co., No. 18-1746 (2d Cir. Nov. 21, 2019), two employees of banks later acquired by Wells Fargo alleged a “pervasive pattern” of fraud in connection with the securitization and sale of toxic mortgages.  When the economy imploded, Wells Fargo looked for help from the Federal Reserve Banks (“FRBs”).  In their False Claims Act suit, the whistleblowers alleged that Wells Fargo lied about its financial…
On November 6, 2019, the SEC Division of Enforcement published its annual report for fiscal year 2019. The report provides valuable insight, not only as to the Division’s performance over the past year, but also about its current priorities and where it will be focused in the near-term future. Overall, Enforcement’s program since 2017, when SEC Chairman Jay Clayton assumed leadership of the agency, has been shaped by five “core principles”: (1) focus on…